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Ripple CEO Garlinghouse Reassures XRP Community Amid Market Struggles

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Ripple’s CEO, Brad Garlinghouse, recently addressed the ongoing turbulence in the cryptocurrency market, emphasizing XRP’s importance to the company’s future. During his appearance on X Spaces, Garlinghouse reassured the community that XRP remains central to Ripple’s operations. Despite the market’s struggles, Ripple is focused on long-term goals that center around the utility and liquidity of XRP and the XRP Ledger.

Garlinghouse explained that XRP continues to be the company’s guiding principle, described as its “North Star.” He pointed out that Ripple’s various products, including Ripple Payments, Ripple Prime, and Ripple Treasury, all aim to increase XRP’s utility. The goal, he noted, is to build trust around XRP, which remains the “heartbeat” of Ripple’s financial infrastructure.

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Ripple’s focus on XRP is evident in the company’s aggressive strategies. These efforts include expanding its services in traditional finance while working to build cross-sector solutions for both crypto and traditional financial systems. This strategy aligns with Garlinghouse’s belief that XRP plays a crucial role in shaping the future of financial systems globally.

Ripple Takes an Offensive Approach Amid Market Drawdown

Garlinghouse acknowledged the recent market downturn, which he described as a “bloodbath.” Despite the setback, he suggested that the current conditions could offer an opportunity for investors to enter the market. His view echoes the sentiment that periods of fear can present valuable buying chances for those willing to take risks.

He noted that, while the crypto market is facing significant challenges, XRP has remained resilient. Since November 2024, XRP has been one of the top performers in the market, contrasting with Bitcoin’s relatively flat performance. This positive outlook highlights the coin’s strength and Ripple’s commitment to its long-term vision despite market fluctuations.

Ripple’s Focus on Expansion and Strategic Acquisitions

After years of navigating regulatory challenges, Ripple is now focusing on aggressive acquisitions to accelerate its growth. Garlinghouse described this shift as a crucial move to position Ripple for future success. The company is working hard to recover time lost due to past delays and to maintain its momentum in 2026.

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Ripple’s acquisition strategy aims to expand its reach beyond the cryptocurrency community and into traditional finance. By blending both sectors, the company aims to bridge gaps and create solutions that benefit both crypto and conventional financial institutions. This dual focus positions Ripple for broader success as the company prepares to make an even stronger impact in 2026.

Ripple’s approach, according to Garlinghouse, will allow the company to forge new paths in the crypto space while securing XRP’s dominance in the global financial ecosystem. With its aggressive acquisition strategy and renewed focus, Ripple is set to continue pushing forward into 2026, determined to shape the future of finance.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Crypto World

UK Launches Blockchain Digital Bond Pilot With HSBC Orion

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UK Launches Blockchain Digital Bond Pilot With HSBC Orion

The United Kingdom’s government has appointed HSBC’s tokenization platform to power a pilot issuance of digital government bonds, known as “gilts,” marking the latest step in its push to modernize sovereign debt markets using blockchain technology.

His Majesty’s Treasury has appointed HSBC Orion to facilitate the Digital Gilt Instrument (DIGIT) pilot issuance, according to a Thursday announcement.

The Treasury published a DIGIT pilot update in July 2025, outlining plans to explore blockchain applications in UK sovereign debt issuance and to support the development of domestic tokenization infrastructure.

“We want to attract investment and make the UK the best place to do business,” said Lucy Rigby, UK economic secretary to the Treasury, commenting on HSBC Orion’s DIGIT appointment. She added that the pilot will help the UK explore how to capitalize on the distributed ledger technology (DLT), enhance efficiency and reduce costs for businesses.

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Key objectives and features of the DIGIT pilot

The DIGIT pilot aims to enable digitally native, short-dated government bonds operating within the Digital Securities Sandbox (DSS).

The pilot is designed to support secondary market development and broader accessibility, with onchain settlement, while operating independently of the UK government’s main debt management program.

Source: Lucy Rigby

“This is exactly the kind of financial innovation we need to keep the UK at the forefront of global capital markets and I’m looking forward to working with HSBC and other parties to deliver DIGIT,” Rigby said.

HSBC has issued $3.5 billion in digital bonds globally

Since its launch in 2023, HSBC Orion has enabled the issuance of at least $3.5 billion in digitally native bonds globally, including the European Investment Bank’s first digital sterling bond and a multi-currency $1.3 billion-equivalent bond issued by the Hong Kong government.

“The UK is a home market for us and the sixth largest economy in the world,” said Patrick George, HSBC’s global head of markets and securities services. “HSBC is delighted to be supporting the continued development of the gilt market, market innovation, and the growth of the broader UK economy,” he added.

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HSBC Orion-facilitated digital bond issuance projects. Source: HSBC

Related: Malaysia’s central bank announces stablecoin, tokenization sandbox

Alongside appointing HSBC Orion as the platform provider for DIGIT, the UK government also appointed global law firm Ashurst to provide legal services for the pilot.

“Our team brings deep expertise in digital assets transactions, and we look forward to working with HSBC and supporting the government as it takes this transformative step for UK capital markets,” Ashurst’s head of digital assets, Etay Katz, said.

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